By the end of 2009, China’s oil processing capacity has once by 2000 tons of jumping to three million 2.76), the second, sinopec ranks third big oil has become the company.
According to China’s chemical newspaper reported on June 9th, the Chinese domestic oil refining industry since the turn of industrial restructuring big, in the deepening of reform and opening-up, the rapid economic development, overcome various difficulties, rapid rise. In the global financial crisis in the first out of the abyss, picks up recovery. At present, China has become the world’s main window, oil refining industry area and important part. Overall, the refining industry presents the main characteristics of the following five aspects:
Refinery capacity continues to grow rapidly
By the end of 2009, China has a processing capacity of crude oil in 2000 to three million tons 2.76), the second ranks. In the first ten years after entering the new century, China has surged 72.8% refining capacity, become the founding of refining capacity increment in 60 years, the fastest growth in 10 years. Sinopec has become the world’s third-largest oil companies, petrochina has become the world’s eighth-largest oil company. 2009, sinopec, petrochina and crude oil processing ability reach a 2.235 million tons and tons of 1.425 respectively, the productivity of the show and 29.9%. 2009 May build cnooc 1,200 tons/year of production, refining capacity of huizhou refinery to 1,950 tons/year, accounts for the population capacity. Always taking place in 2008 8,805 tons of oil refining capacity.
Refinery scale unceasingly expands, intensive degree of continuous improvement
Currently China has 17 million tons refinery bases, domestic refining capacity thousand tons of crude oil refinery above the processing ability has a total processing capacity of nearly 50%. Dalian petrochemical and refining enterprise cooperates zhenhai two tried to reach 2,000 tons/year. Another batch of 1000 tons refinery bases are stepping up construction or planning. By 2010, China will be formed around 20 million tons of crude oil processing base, its total processing capacity of the total capacity of 65%, Refining enterprise average scale attaining 5.7 million tons/year. China has formed a large-scale integrated refinery bases.
Refining structure adjusting and optimizing continuously
At present, the general trend of crude oil quality is heavier, sulfur, metal tended to be more content, high processing increasingly difficult. But the market of light oil products, low sulfur and sulfur clean fuel, high quality oil chemical raw materials, the requirements of environment protection is more and more urgent, and high standard, so must be equipped with adequate processing capacity and capability. In recent years, China has been in the refining unit, precision processing, constantly adjust ability to continuously improve. As to improve the quality of oil refining, China’s hydrotreating ability in proportion, and constantly improve the ability of crude oil from the 15.55% 2000 to 30.87% 2008.
Oil-refining by high efficiency, low profitability
The first half of 2008 international oil prices continue to high, cause huge domestic prices down on our practies factors such as oil refining industry caused great impact and influence. Due to the influence of the global financial crisis, domestic oil demand growth slowed, but once refinery China successfully meet the various negative effects, contrarian rise, out of a wave from low to high, in the process of crude oil to achieve the profitability of oil production and processing capacity ShuangZengChang. 2009 refinery profits return, about 800 million yuan, and in 2008, compared with 2007 increased 1,700 million yuan of loss.
Quality upgrading accelerated
Production in China is clean oil refining industry development. Since the new century, China’s oil quality upgrading in less than 10 years passed European countries 20-30 years through the road. Since 1997, after realizing free-plumburm gasoline in 2003 was implemented nationwide national new gasoline and diesel, gasoline sulfur standard from 2,000 x 10-6 to 10-6, 8 sulfur diesel from 5,000 x 10-6 to 2,000 x 10-6.
From 1 July 2005, China petrol sulfur to 500 x further 10-6. Beijing, March 2008, the implementation of the new standard Ⅳ European standards, vehicle gasoline and diesel sulfur are to 50 (10-6, ultra clean fuel level. Shanghai world expo, in order to meet from 23 October 2009 will be from the current vehicle gasoline standard of transition to Shanghai Ⅳ Ⅱ directly. According to the country by the end of 2009, the requirements of domestic automotive gasoline Ⅲ standard, all countries in 2010 to all diesel Ⅲ standards.
Looking into the new century, China’s second 10 years and refining industry is faced with low carbon economy and developing economy era after the financial crisis in the world political situation and petrochemical industry structure adjustment, change the situation, isshouldering the national economic development needs, meet for the development of the national economy by 2020 target of contribution.
China’s oil industry has entered a big strong historical development in the new period. China’s future refinery development effort will transform the economic growth mode, through adjusting structure, backward production, rational layout, optimize resource allocation and market, promoting scientific and technological innovation, promoting integration and the base construction, refining the project decision-making, grasp of appropriate investment rhythm, continue to increase strength, scale continuous improve profitability and international competitiveness, maintain stable and rapid development of industry, true to the oil refinery powers of the power.
But also to see clearly, China in the future development of oil refining industry is facing many challenges. First, China’s foreign dependence on oil in the next 10 years will have 60 and 70% breakthrough. Because of heavy oil and the decreasing trend of qualitative, so use more inferior heavy oil production in China will be clean oil refining industry’s main task. Secondly, low carbon economy on environmental protection request higher efficiency of energy conservation and emission reduction, and taking more clean oil pressure will increase to further speed up the pace of upgrading product, related investment will increase in oil refinery, high risk, other costs increased significantly increased the pressure will also. Finally, because the economic globalization and China’s opening to the development and deepening, from neighboring countries and regions will increase imports, some developed countries and the resources of the country’s oil refining investment will continue to increase, based on the existing domestic oil-refining market diversification competition will worsen.